Frost & Sullivan Commends Harmonic for Taking the Top Spot in the Multi-Screen Software Transcoding Market

Based on its recent analysis of the multi-screen software transcoding market, Frost & Sullivan recognizes Harmonic with the 2013 Global Frost & Sullivan Market Share Leadership Award for capturing the highest market share within its industry. Harmonic's share in 2012 was slightly more than 9 percent, and in 2013, it outgrew the market to reach a market share of more than 10 percent, thereby rising to the top spot in a very fragmented market.

Frost & Sullivan estimates that the market for pure multi-screen transcoding—both file and live—earned nearly $140 million in 2012, growing by more than 14 percent to nearly $160 million in 2013 as broadcasters, pay TV service operators and online video providers expanded their on-demand and live streaming offerings. In this environment, Harmonic established competency in file as well as live applications through its ProMedia® Carbon and ProMedia Live products, respectively.

ProMedia Xpress is a high-throughput audio video communication (AVC) file transcoder developed to fulfill the growing market need for high-throughput, video-on-demand (VOD) transcoding. Similarly, the company's ProStream® product provides both re-encoding and multi-screen transcoding functionality for all key use cases.

Frost & Sullivan research further shows that Harmonic is unique in its position as a single vendor offering a comprehensive, end-to-end, multi-screen product catalog, which goes beyond transcoders to include components such as multi-screen stream packagers, origin servers, playout servers, and storage, with critical CMS, DRM and CDN capabilities integrated through strategic partnerships. This sets it apart in a market where customers—particularly tier II and tier III vendors that have sizeable capacity requirements but limited technical acumen—strongly prefer one-stop shop vendors. This market advantage, coupled with a fundamentally strong transcoding product line, has enabled Harmonic to achieve revenue leadership in the multi-screen industry, as well as capture large deals where transcoders represent a smaller part of the deployment.

Through a judicious combination of acquisitions and organic development, Harmonic has ensured it remains relevant in a changing marketplace. The company was among the earliest vendors to support MPEG-DASH, and in the same vein, is among the first to support disruptive technologies such as high-efficiency video coding (HEVC).

Frost & Sullivan Best Practices Awards recognize companies in a variety of regional and global markets for demonstrating outstanding achievement and superior performance in areas such as leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analysis, and extensive secondary research in order to identify best practices in the industry.

Source: http://cablequest.org/news/technology-news/item/3397-frost-sullivan-commends-harmonic-for-taking-the-top-spot-in-the-multi-screen-software-transcoding-market.html
Source: http://cablequest.org/news/technology-news/item/3397-frost-sullivan-commends-harmonic-for-taking-the-top-spot-in-the-multi-screen-software-transcoding-market.html